Webster's Revised Unabridged Dictionary · 1913

miscalculation

miscalculation , noun

1.
a mistake in calculating.
2.
An error in judgment, especially about the effects of action or the likely course of events; as, IBM's miscalculation about the impact of microcomputers cost them many billions in lost opportunities; Sadam's invasion of Kuwait was only his worst, but not his last, miscalculation.